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Property profile & analytics
OFF-MARKET
Specialty properties

2009 2Nd Ave Phenix City, AL 36867

4,223 SF 0.72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents a unique investment opportunity in Phenix City, Alabama. The property encompasses two buildings situated on a 0.72-acre lot at 2009 2nd Ave, zoned SFR2. The main structure, a 4,223 square foot church, boasts a recently installed roof (less than one year old), ample parking (21 spaces), and additional green space allowing for potential expansion. Inside, the church features a large kitchen, multiple bathrooms, a spacious worship area, substantial storage, and versatile multi-purpose rooms. Included in the sale is a single-family home located adjacent to the church, currently leased for $750 per month until May 31st, 2024. This turnkey property offers significant potential for continued use as a place of worship or creative repurposing as a community center or residential complex. Its convenient downtown Phenix City location provides easy accessibility. The asking price is $199,900, translating to $47.34 per square foot. This presents a compelling opportunity for a variety of buyers seeking a versatile and well-maintained property in a desirable location.

Property profile
Verified
Property type Specialty properties
Total area 4,223 SF
Lot 0.72 ac (31,363 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • His Gathering House Community Church Church
  • His Gathering House Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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